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Unit 6,
235 STATION STREET Edithvale VIC 3196

This property is Off Market

All about Edithvale Homes for sale in Edithvale


  • The Average property price in this area is $1,489,841, this is based on recent transactions.
  • Internet speed Download 100 Mbps / Upload 40 Mbps
  • Distance to the coast 0.35 km
  • Potential bushfire risk 0 / 10
  • Report as to subsidence
  • Powerlines within 200m 0
street view icon Street view
School Catchments

Property For Sale Nearby

Recently Sold Properties in this Area

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About Edithvale - Aspendale

With an average age of 38, households expect an average monthly mortgage payment of $2,167 or a weekly rent payment of $441. The average family earns a weekly income of $2,430 with a typical household size of 2.4 and a 97.04% employment rate.

Prices are above market average and increase steadily under persistent demand. A more sustainable rate of price growth is anticipated in the short to medium term. High average incomes in Edithvale ensure a focus on quality with a commensurate high entry price under constant demand. Competition for available quality housing is intense with multiple offers likely to be made in excess of asking prices. The high percentage of professional people in Edithvale classifies the area as "gentrified". This implies high demand for quality housing, generally of larger than average size. Price growth is ensured even where the state affordability index is negatively impacting other areas. High density population in Edithvale requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. Lower than average industry presence in Edithvale we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make Edithvale a better buying opportunity than it may have been in the past.

Public Transport

General Points of Interest


Population

(Country of Birth not stated 1%)

Are people healthy?

There are a recorded 1225 asthma sufferers and 483 people living with diabetes. In addition, 664 people have a heart/vascular condition and 1033 people live with three or more chronic diseases.

A good place to invest in property?

Edithvale - Aspendale a good, bad, or just average location in which to invest in property? Should you be buying, or selling, property right now? Our Investability scores provide comparative insights into the investment potential for every suburb across Australia.

Investability - Housing Demand

Victoria State average 44 / 100

Income

70 / 100

52 / 100

Industry

21 / 100

17 / 100

Population

41 / 100

32 / 100

House Prices

75 / 100

70 / 100

Jobs

44 / 100

34 / 100


Local Crime Rates

Incidents Trend State Average


Local Schools

  • School Catchments
    Mordialloc College Edithvale Primary School
  • Aspendale Gardens Primary School

    Aspendale Gardens, VIC, 3195 State Prep-6

  • St Joseph's School

    Chelsea, VIC, 3196 Independent Prep-6

  • Chelsea Heights Primary School

    Chelsea Heights, VIC, 3196 State Prep-6

  • St Louis de Montfort's School

    Aspendale, VIC, 3195 Independent Prep-6

  • Edithvale Primary School

    Edithvale, VIC, 3196 State Prep-6

  • Aspendale Primary School

    Aspendale, VIC, 3195 State Prep-6

  • Yarrabah School

    Aspendale, VIC, 3195 State U


Property Story

Unit 6, 235 Station Street, Edithvale, Vic, 3196 is a residential property . The estimated distance to the sea is only 0.35km and 0.35KM to vegatation considered to be a factor in bushfire risk.

Local Developments

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  • 134 Acme Avenue Street, Town, State

    Description - Details the application. Type and other information pertaining to the development application and more...

    Authority Reference: UX0909823-GOV Website

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The Residz risks assessments are composed from data attributes which are generally accepted to indicate higher or lower risk presence likelihood for that condition for any address or locality. They do not however determine the exact presence of that risk for any specific property. The Residz Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice. While Residz uses commercially reasonable efforts to ensure the Residz Data is current, Residz does not warrant the accuracy, currency or completeness of the Residz Data and to the full extent permitted by law excludes liability for any loss or damage howsoever arising (including through negligence) in connection with the Residz Data. Historical prices and trends are not a guarantee of future prices and trends.


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